Sweden-M'sia ties flourish, FDI soars to US$1.4b in last decade

Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (RM6.26 billion) to date from US$113 million in 2014.

Sweden’s Ambassador to Malaysia, Niklas Wiberg, is optimistic that this remarkable growth would only get better, as Malaysia’s importance as one of Sweden’s key partners in Southeast Asia was further pronounced particularly after the rebound in economic activity post-pandemic.

“Sweden’s economic ties in Malaysia are very diversified through robust trade, investment and...